Sep 14, 2000SAN DIEGO
Qualcomm products mentioned within this press release are offered by Qualcomm Technologies, Inc. and/or its subsidiaries.
SAN DIEGO -- September 14, 2000 -- Qualcomm Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, today announced that it has entered into a High Data Rate (HDR), currently being standardized under the name of 1xEV, infrastructure equipment license agreement with Kisan Telecom Co. Ltd., headquartered in Seoul, Korea. Under the terms of the royalty-bearing agreement, Qualcomm has granted Kisan Telecom a license to develop, manufacture and sell wireless HDR infrastructure equipment using Qualcomm's proprietary technology.
"Qualcomm is pleased to include Kisan Telecom as an HDR licensee entering the wireless infrastructure equipment market," said Marvin Blecker, senior vice president of technology transfer for Qualcomm. "This agreement will allow Kisan Telecom to participate in the next generation of wireless data communications using HDR, Qualcomm's spectrally efficient technology for wireless Internet access."
"Kisan Telecom is very happy to partner with Qualcomm to provide HDR wireless infrastructure equipment for all Internet Protocol, data-focused wireless networks," said Byung-Ki Park, president of Kisan Telecom. "This agreement demonstrates our strong commitment to help expand the wireless data communications market as the need for CDMA-based equipment rapidly increases."
HDR provides a spectrally efficient 2.4 Mbps peak rate in a standard 1.25 MHz channel bandwidth for fixed, portable and mobile applications. Optimized for packet data services, HDR incorporates a flexible architecture based on standard Internet Protocols (IP). HDR is an evolution of CDMA technology with identical radio frequency characteristics as cdmaOne™ and cdma2000 1x. HDR supports e-mail, web browsing, mobile e-commerce, telematics and many other applications while offering end users continuous, untethered, always-on access to the Internet and next-generation data services.
Kisan Telecom Co., Ltd. (www.kisantel.co.kr) is a leading wireless&wire access solution provider in Korea. Its business areas include CDMA-based infrastructure equipment, repeaters (covering RF, Optical, Digital and In-building repeaters), Echo Canceller, Voice-over-IP, xDSL and network management system. Started in 1994, Kisan Telecom is one of the fastest-growing telecommunication equipment companies in Korea. Headquartered in Seoul, Korea, Kisan Telecom stock is traded on the KOSDAQ Stock Market in Korea.
Qualcomm Incorporated (www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications products and services based on the Company's CDMA digital technology. The Company's business areas include integrated CDMA chipsets and system software; technology licensing; Eudora® email software for Windows® and Macintosh® computing platforms; satellite-based systems including portions of the Globalstar™ system and wireless fleet management systems, OmniTRACS® and OmniExpress™. Qualcomm owns patents which are essential to all of the CDMA wireless telecommunications standards that have been adopted or proposed for adoption by standards-setting bodies worldwide. Qualcomm has licensed its essential CDMA patent portfolio to more than 80 telecommunications equipment manufacturers worldwide. Headquartered in San Diego, Calif., Qualcomm is included in theS&P500 Index and is a 2000 FORTUNE 500® company traded on The Nasdaq Stock Market® under the ticker symbol QCOM.
Except for the historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties, including the Company's ability to successfully design and have manufactured significant quantities of CDMA components on a timely and profitable basis, the extent and speed to which CDMA is deployed, change in economic conditions of the various markets the Company serves, as well as the other risks detailed from time to time in the Company's SEC reports, including the report on Form 10-K for the year ended September 26, 1999, and most recent Form 10-Q.